Borisova Alexandra
U.S. Economy Politization: Between Bush and Trump
Publication Type:


ISSN 2686-6730

DOI 10.31857/S032120680000016-1

The article is devoted to the origins of post 2008 economic crisis trend to politization in US financial sphere. It covers the period from year 2007 till the end of President Obama's first administration and shows how personal factor influenced political rise of Treasury Department of the USA and Federal Reserve System. The article reads about H. Paulson's, T. Gaitner's and B. Bernake's struggle to overcome economic crisis on the one hand, and to confront harsh opposition of the US Congress on the other hand. The paper shows how exactly today's appointees: Secretary of Treasury Steven Mnuchin, Chairman of the Fed Jerome Powell, Director of the National Trade Council Peter Navarro and United States Secretary of Commerce Wilbur Ross got the power and the influence they are exercising and how it can affect American economic and foreign policy in the long term.


Keywords: financial crisis | USA | decision-making process | personal factor | Federal Reserve System | United States Department of the Treasury | domestic politics | too big to fail |

Russian Science Citation Index



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